Covid-19: Economic Support

Part of Treasury – in the House of Commons on 18th May 2020.

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Photo of Rishi Sunak Rishi Sunak The Chancellor of the Exchequer

Our plan to support businesses and individuals is one of the most comprehensive in the world. We have provided tens of billions of pounds in cash grants, tax cuts and discounted loans for businesses; deferred taxes for those who are self-employed, employed and in business; a world-leading job retention scheme to keep as many people in employment as possible; income protection for the self-employed; and a strengthened safety net to protect the most vulnerable in our society.